Daktronics Stock Soars 20% Amid Fraud Probe

On April 15, 2025, Daktronics' stock surged by 20% in pre-market trading, marking a significant rise that has caught the attention of investors and analysts alike.

Pomerantz LLP has initiated an investigation into potential securities fraud or other unlawful business practices by Daktronics and certain of its officers and/or directors. This investigation follows the company's third quarter fiscal 2025 financial results, which revealed significant expenses related to its "business transformation plan" and seasonally lower sales volume, leading to an EPS consensus miss. On March 5, 2025, Daktronics' stock price fell by 14.9% following the release of these financial results.

Investors are advised to contact Danielle Peyton at Pomerantz LLP for more information about joining the class action. The firm, with offices in multiple global locations, is known for its expertise in corporate, securities, and antitrust class litigation, and has a history of recovering multimillion-dollar damages on behalf of class members.